Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.040%
Price spread now: MEXC against Orderly+0.069%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.069% dearer against Orderly than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_EWY_USDC_mythos | 188.78 | 0.0100 | pay 0.0100% / 8h | 3h 04m | $2K | $1K | 20x |
| Short | MEXC EWY_USDT | 188.91 | 0 | get 0.0000% / 8h | 3h 04m | $6.2M | $3.8M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.069% → 0.000%
- $6.89
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$20.11
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 0.26 bp | 0.3 bp $0 | 0.9 bp −$9 | 4.0 bp −$398 | 117.0 bp −$58.5K |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EWY on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0068% | 1h | 188.69 | −0.048% | $2K | $14K | 20x | as long as short |
| BloFin EWY-USDT | −0.0003% | 8h | 188.87 | +0.048% | $48K | $215K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.98 | +0.106% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.84 | +0.032% | $300K | $422K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.97 | +0.101% | $27.6M | $77.7M | 50x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 188.96 | +0.095% | $5.1M | $4.4M | 100x | as long as short |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.89 | +0.058% | $4.2M | $4.0M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.89 | +0.058% | $4.1M | $3.9M | 50x | as long as short |
| MEXC EWY_USDTshort | 0.0000% | 8h | 188.91 | +0.069% | $6.2M | $3.8M | 100x | |
| Bitget EWYUSDT | 0.0000% | 8h | 188.90 | +0.064% | $2.7M | $2.2M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 188.85 | +0.038% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.70 | −0.043% | $746K | $406K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.79 | +0.005% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.91 | +0.069% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.83 | +0.026% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.80 | +0.011% | $383K | $40K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.73 | −0.026% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.81 | +0.016% | $197K | $147K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 188.40 | −0.201% | $524K | $290K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 188.81 | +0.016% | $6.2M | $14.3M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 188.79 | +0.005% | $65K | $81K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.64 | −0.074% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.77 | −0.005% | $732 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.63 | −0.079% | $202K | $304K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0051% | 8h | 188.83 | +0.026% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.70 | −0.042% | $973K | $613K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.81 | +0.016% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythoslong | +0.0100% | 8h | 188.78 | long leg | $2K | $1K | 20x | |
| Hotstuff EWY-PERP | +0.0624% | 1h | 188.76 | −0.011% | $28K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0734% | 4h | 188.57 | −0.113% | $423K | $284K | 20x | as long as short |
MEXC EWY_USDT
Deribit EWY_USDC-PERPETUAL
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
Bybit EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
Bitget EWYUSDT
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
tradeXYZ xyz:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
edgeX EWYUSDC